8 Easy Ways to Make Money Online in 2020

Generally, earning money has been associated and restricted to the traditional “offline” route. With the Internet taking up a large part of our lives, more people are looking for ways to make money online to increase their financial income, with secondary income streams.

However, you have to be careful about which platform you opt for. While there are many ways to make money online, some of them may be bogus. Also, don’t expect to earn a large amount quickly by using online avenues to earn money.

Now, with a situation that involves more time at home, perhaps fewer work hours for some, some of you may have some free time as well. Here are some platforms, websites, and online resources that can help you earn money online.

1. Freelancing

Freelancing (Source: IMTips)

Freelance work has always been a familiar way to make money online and the internet has several options. Several websites offer freelance tasks for people of different abilities. All you need to do is create an account, browse through the listings, and request the task that suits you best. Some websites might even ask you to create a personal list with the details of your skillset so that interested clients can reach you directly. Outfiverr.com, upwork.com, freelancer.com, and worknhire.com are some websites that allow freelance jobs. You can make between $ 5 and $ 100 through those websites.

But keep in mind, you will only get paid once you complete the given task and it has been approved by your client. This may even mean reviewing the work multiple times unless your clients’ requirements are met. Some sites may ask you to set up a PayPal account, as most customers prefer to make payments digitally through it.

2. Starting your own website

Start your own website (Source: Webgen)

There is sufficient material accessible online to help you create your website. That covers choosing the domain, templates, layout, and overall design of your website. Once you’re ready to serve visitors with relevant content, sign up for Google Adsense, which when it appears on your website and visitors click on it helps you earn money. The more traffic you get to your website, the greater the potential for higher profits.

3. Affiliate marketing

Affiliate Marketing (Source: Informatics, Inc)

Once your website is up and running, you can opt for affiliate marketing by allowing companies to embed web links on your site. This is like a symbiotic association. When your site visitors buy products or services by clicking on those links, you benefit from it.

4. Surveys, searches and reviews

Surveys, searches and reviews (Source: Briefside)

Several websites offer money to take online surveys, search online, and write product reviews. To obtain the credit, you need to reveal certain information to them, including bank details. Therefore, you must use this route with great care. Some of them might also request you to register with them before working on projects. The most important precaution in these projects is to stay away from websites that offer money that seems too good to be true. Be cautious while evaluating the reputation of the website, as many of them could be a scam. Most sites promote businesses that display copies of check payments that may have been issued only to intermediaries.

5. Web designing

Web Designing (Source: Live Blog Spot)

Not all business owners are tech-savvy, but the need of the moment is to have a website of their own. Those who have a knack for all things tech, especially those related to websites, can help small businesses create their websites and make money from them. Coding plus web design are necessary ingredients in designing websites. Additionally, websites need maintenance and may require frequent updates, which can increase revenue.

6. Content writing

Content Writing (Source: Turnout Media)

Online platforms can be a good starting point. Depending on the quality of the items, you get paid. One may also be asked to work on articles with specific guidelines. Grow a niche in your field of expertise and make strength in that domain to boost your income stream.

7. Blogging

Blogging (Source: PhoneWorld)

Start with a hobby, interest, and passion, and soon blogging becomes a career option for many bloggers. There are several full-time bloggers. There are two ways to start a blog: you can create a blog via WordPress or Tumblr, which requires no investment or go for a blog hosted by yourself.

In the case of the latter, you will have to invest and spend money on the server hosting space and the domain name which can cost you Rs 3,000-5,000 a year. Self-hosted blogs have the added advantage of letting you customize the elements and functionality of your website. In the case of the former, you have to make peace with the tools and plugins made available by the service provider.

You all can monetize blogs with ads, product reviews, etc. But remember, making money from blogging can also take a lot of time and effort. For some, it can take up to a year to earn money from blogging.

8. YouTube

Youtube (Source: Android Authority)

If you are not satisfied writing down your ideas via blogging and content writing, use your camera to create a video presentation. Make your YouTube channel, upload videos, and start monetizing them. Pick a category or topic that you want to make videos about and get started, but make sure it’s a topic that interests a lot of people. Everything from cooking shows to political debates, you can find many takers on YouTube. You have to create a YouTube channel, which works in a model similar to that of a blog. As you make your channel popular and your number of subscribers grows, so will your earning potential. The payment one receives is based on every thousand views.

Leave a Comment